After almost two decades of reported losses, motorhome enthusiasts are once again hitching their trailers and hitting the open road in light of an economic upswing. The recreational vehicle industry is finally rebounding from the 2008 recession, the Boston Herald reports, and making up for lost profit.
The request for more motorhomes at showrooms across the country is increasing, according to experts. Dealers are growing more confident in the industry, giving buyers more of an incentive to invest in recreational vehicles. The average motorhome owner is between the ages of 35 and 54 with disposable income. However, more families are turning to low-price recreational vehicles as a cheaper way to travel.
Towables, which are hitched onto the back of a motor vehicle, are growing in popularity. They now account for every nine out of 10 recreational vehicle sales made in the United States. Towables are affordable motorhome options, priced between $4,000 and $100,000 for travelers on a budget.
Individuals who want to explore the country but do not have the money to buy a lavish recreational vehicle are encouraged to look into financing. Dealers may have a lenient payment option for families looking to finance a motorhome over time.